'Federal officials poised to declare end of U.S.’s largest known cyclosporiasis outbreak' - Washington Post

'A Starbucks-Chipotle Tie-up Might Be Crazy Enough To Work; People Close To The Company Tell Semafor That Chipotle Hasn’t Received A Takeover Bid'- Semafor

Warren Buffett's $863 Million "Secret" Portfolio Dumped Alphabet and Broadcom, but Has Over 17% of Invested Assets in This Proven Moneymaking Strategy

Warren Buffett's lesser-known portfolio managed through New England Asset Management (NEAM), a Berkshire Hathaway subsidiary, has significantly reduced positions in AI stocks Alphabet and Broadcom during Q2, citing concerns about AI bubble valuations. Instead, the portfolio has allocated over $149 million (17.3%) to S&P 500 index funds (SPY and VOO), reflecting Buffett's long-standing recommendation for retail investors to invest in low-cost index funds that have generated positive returns over every 20-year rolling period since 1900.

IRGC Adviser Says 'Illegal Routes' In Strait Of Hormuz Will Soon Be Closed; Strait To Remain Closed Until Demands Are Met

– Reuters cites Fars News

Stock Market Today: Dow Jones, Nasdaq 100 Futures Decline as Iran Mocks US Economy, Trump Sparks Bipartisan Backlash — STZ, PENG, LEVI in Focus

U.S. stock futures were lower on Wednesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Tuesday's higher close.

Paul Krugman Says AI Boom Is ‘Crowding Out’ Other Investments in a Way the Dot-Com Era Never Did: ‘This Isn’t a Hypothetical Risk’

Economist Paul Krugman said the AI boom is crowding out other investment, which the dot-com boom didn't do, whether or not it's a bubble.

TD Cowen Maintains Buy on Yum Brands, Lowers Price Target to $177

TD Cowen analyst Andrew M. Charles maintains Yum Brands (NYSE:YUM) with a Buy and lowers the price target from $180 to $177.